REGISTERED CHARITY NUMBER: 1092998
The trustO88 prowt ttw rowt wllh financial statWInkn of the dwty ts Ihe year Of1 31 May 2024.The trur•te86 have Ihe provis0 of AGonra arKI R•r)ffj by CharllW. StatOfWrt of ReCI)ne Prathce appli to charities preparing ttr KC£n in acc4xdance wth Ihe FThncial Rwng Si•nd•rd applK•bl• in UK WMI RawblK ol Irdwwj {FRS 102) (•ffoth0 1 January 2015 08JECTIVE8 AND ACTNmE8 ObJ•cllv•• and alms Tt owves ol Charlty W•. To ad¥an¢x th• Chfl8llWI lallh tlwough wq&thlrvJ and w(Klamaik ol Ihe Chrlstsn Gospel: tho t0h1n9 al Chrl8ban doctrlrn. poth1 care ol Clvmllan peopl•.' aThJ distrthkn of &'ble8 arml Clwlsllan Illerature. To 8••181 and rnIve pooF40 vhK• In c(XldllM)n• ol n•Od. hard8h. or dtra. (x ar• •g•d 8 Thore have been no change8 in 014ocbvu %nc• th• last alThl report. Tho Trustoes corffirm that they have pa¥1 due ward to the Chanty cnIri guvjm CM wbllc tl•fil and hav• stnv•d to onsur• that the Chanty's acts83 rolll lh. ACHIEVEMEP4T AND PERFORAWICE Ch•rttabl• actlvltl•• Tho Chanty organisos arKI (¥09 a pnyJr8nwrn mootirvjs ts Iho proclorn&tK of the Gojpel of J•8u8 Chrtsi and for the inslruction and t6Khing m the Holy Scnpturu. The Chffj OfgaiW8 rewAar treath 8 ol Ihe Chrt•ts•n LHQ ¢tre y nwt tr ObJ•th•• ol tM Chartty. FinarKial 9UPPOrt lo th8 vfithin oul8MJe Ih (Ir¢. KIlIng the 10kn..fJ dwrtatl• Mintri88 (kjring the yew CAP. Hope Trust. Bamab85 Fund. Open Doorn, Samwrt Purse. 1098ther bmlh CM81kn treath (xgantsaikfft on a ts. Of lornry Praakal 8UPW to p•oFA• wlthln lh• ctKKch and (Xx(mty twh in parlnwBhip with BASIC Lrfe Charity to provKle a POP-UP Shop free & 1109 10 {s1rS of tho POP.UP Shop. manned by church volunteers. A Mon's Mlntsty was Intr arKI off•r•d io al a.81 grow Faith arKJ be erKourW Uwir walk. FINANCIAL REVIEW R•••rv•• pollcy Tho Tfuslees thif¥J t(rw8rd8 havif¥J a balKe in pkn lo accryw a lrymal rowThe Fy. Thls wdl bo ongoifVJ io tho amunl lo ¢ovw 3 nth9 runniry (x)51J. asMt8 at th• •ThJ of 224 Te £758.929 (2023 - £746,593). CW 0xndrn dunrq It yw of £Nil {2023 - £NII) (reprents'rrfj flxtwe8, ffttlrvJ8 ar•d equlpmont th• Clrch) Alleratlons and Improveménts io th• tlId1ra are rylng and 6UbJ1 to wudent 8pwoath by Ihe Trusi lor all ol ts ¥iNiiM. PwJe I
FUTURE PLAPIS Th• S&3 w• lo coniinu• wlth tho obieGbvgPo ol the Churth. STRUCTURE. QOVERNANCE AMD PAANAGEMENT Gov•rnlng d0m•Irt Tt chanty 18 controled by lis erThn9 dopJmeni. a de•J ol trust arKI GlI11U10F w unincuporaiod Sal•gurdlng and Gov•m•nc• The Chanty has 8 Safeguardlng Pollcy bMch has ImplMxntéd ar copi08 Issuod to all iJ1¥JUal8 working with cthldr•n, ycwryJ poorlo arKI adLrtis with car• and néeds. TraiThng in saféguarcling 18 prov8 for am rth4 voluntoef3 and refresher trainw lor all curMi vohJnt•wB are beifVJ ollered and goiNJ. The Chanvs Tfusteos aro r88ponslbl8 f(Y preparlng the Trus•6 Amual R•pcrfi )d th• Fknarthl statemen in xcordarK• wlih the applKat4• law and regUlanS. The law appkable to tharrties in EnglarKI Wale8 requir83 Ihal tru8lee8 wepare Financi81 Statemen18 f( each IInanc year. Urxjer Ihat law. the TfU818es have ete¢J io prepare the finana81 stalemeni8 In accrMdarKe wrth United Km9dom Generally Accepled Acc(xJntsrwJ Prxlice. {Uniled Kingdom Accounb'ry star{18 and Wicable Law). The Trustees must apwDVO Ihe FinarDd Slalements unless Ihey are 8allsfled Ihai th•y glv• a tru• and fabr vlew d lh• of affairs of Ihe Charlty In th• in(x)mo and expeIllUre of Charty lor th8t perfod. In kYgP8ring th880 FI131 Slataftwlts, th• Trust••8 arn rnqulr•d to.. - S1 suitable acCn. wlici•s a(Ml then apply ttr cortenty. - Observe thS and wlnciples In thè Charills SORP. - Make Judgements 8fKI KcounbfvJ estimalos Ihal ar• i•asonatkn aThl pNd•n¢ . Stste 8FWlcat40 aCcnts.(a 8tsndards have been f(41Md: sUbCl to any motsrid depa1?• dtyclosed afmj explained in the firwKial statennts: . Prepare the Finar Ststefflenl• on Ihe c(rfKXrn bas1• unltss rt we8um• ttwt the Chanty continue operate. The Trusl••s ar• r•sFrfmibl• for k8opirrfJ adequale aCC(nting rttords Ihal aro Jufficlenl to and explatsn t Charlvs transactions and dch)Se wilh rwsonable 8r8¢Y al any Ilm8 th• finarrtlal Posib of the Ch8rity 8rrfl enable Ihem to ensure Ihat the finanual statsm8nts conply wth the ChantK89 Act 1993•)d Chanty (Accts and Reports) Rewlatic)ns 2(M)8. They aro also fesrxThibl• lor safeguardi tho a8sets Ll Chadty and h•nc• kjr takirrfJ rea8¢xble 8iepJ prevW)n and d•l•thon of fvath1 TIN Truste arn rrf(irvJ t(Mard8 a poly ol provldlng a aurtabkn free rn•wve ol at 18•11 Ihr•• monlh'• Durtng the year Ihe Trnst8es have mot and have tsken Inio acaxmt ttr varfm I'nO$S WMJ opwality)al nsks whKh Charlty faces. The trusi8es are confidenl that tt curreni fInala1 rewKlJ'ng structure CUff8nl rtsk ass•ssm8nt str8tegw are wfvieni Ihat *uate 8lep8 cw) be takon lo addr• whth rnay arne. whi( afe ouiskle Ihe {111 nomi. Pag• 2
REFERENCE AND ADMIN18TRATIVE DETAIL8 R•gl•l•rnd Chwlty nurnb•r 1092998 Prfnclp•l addr•s• Clvtsllan LW• C•n 2 Cr Ro•d Suffdk IP112FS Tru•t••• Mrs A ChY (r••hw•d 05.02.24) T Bakar Mr• S V•rryw fvtr8 J HafV•y (appokni•d 05.0224) PRINCIPAL RI8K8 AND UKERTAINTies Tho nsks LKKOrtainti•8 rots1• to Iho conllnulr4J dcNIkn8 kKorn. Hmvef. Ihe TruStOQg aro conlhnt thal dU$ wdl Gorrtinuo to ts r8c•Thiod al lh• gam• b•wl as w•vk)us GUI AkJ18 bwvJ Fyomolod. )wov•d by crfd•r ol bo• ol tru•i•M on 13 F•ujry 2025 •ThJ on il• b•h•l by, P•p• 3
IrKl•p•nd•nt •xamln•rfs r•port to th• tru•t•e• of Rfvor of Lff• Chur¢h I reFX)n the cttarily trustses on my eknirnwtson of lh8 actnts of ver d Lilo Clwrth Trusl) ts tho YOW erKl1 31 May 2024. R•ponslbllltl•• and bail8 ol r•port As t charily trustee8 of T[U you reBponwble fw ts Preparats ( ts accounts in accord8nc• vnth tho requirenwnts of tho CharilW Acl 2011 Act,). I report in respect of my exanMrn8tion of t Trust'8 aCtthI carrle(l out urMJ8r section 145 of the Ad and in caryir¥J out my examinalK>n I have l(th>pd am applKable DKPGtKth gbven by cl Con¥ThBsion undor SeCtn 1495Xb) of Act. Ind•p•nd•nt •xwnln•rf• •t4t•m•nt I h8ve comrAelg(I my examinatTr. I conffirni that rK) malerial mattws have corm to my aii•nkn In Ccts.cn wilh the examina7 gNirvJ me cause to b¥0 (hai in any material fespeGI.' 8c¢(ntsng rOrS were not kept in respect ol tho Tnmt 88 r•oulr•d by s•cath 130 of Iho Act; ( the acwunts do not accord th038 red8,. or Its accounts do nol c(ryty wilh Ihe applicabl• f•qUIr•rrts c(YKwnir¥J lh• ft¥m WKI content of coun18 881 CXIt in the Cttant (ACCnts and ROPOfts) R•gUtl 20( ottw than any fequiigmnt Ihai th• accounts w• • wwj fair vThv whith h not • mau•r cUider* as Pwt ol w inde•1 •xamin•tk)n. 8ni10n 8hwkJ be drawn in Ihii rw In or(kn to fA)abl• a wopor undorstandirvJ of tho occount8 to b• Adrian Mole FCA ATII 8FP Quove Accountlng Ltd 3 8rKkfields 8usin88s Pafk OhJ Stwmarkel Road Bury Sl Edmundj IP30 9QS 13 F•bru•ry 2025 Page 4
31.5.24 31.5.23 UnrestrKled unrestr1cj fu nd INCOME AND ENDOWMENTS FROM Donations and I&10$ 96.389 97.100 Tol•l 97,100 EXPENDITURE ON lunds NET INCOME 12.336 12,637 RECONCIUATION OF FUNDS Trt•l fvnd• lyought lornard 746.593 733.956 TOTAL FUNDS CARRIED FORWARD 758.929 746,593 Th8 fbtslaa forn part of th•90 finanaal 3taienwnlJ
31.5.24 31.5.23 fund FIXED ASSET8 TarWb* •83•18 .539 811270 CURRENT A88ET8 Cash 81 b• 2.020 14 14.588 11.717 CREDITORS 162.198) f17.394) NET CURRENT UABLmE8 TOTAL ASSETS LE88 CURREIIT UABILrnE3 758.929 746,593 NET ASSETS 758,929 746,593 FUND8 758.929 746,593 TOTAL FUND8 758.929 746.593 Mrn S . Tru•tae P•90 8
I.ACCOUNTING POUCIES Ba•1• of pr•p•rlng th• flnan¢l•l st4t•m•nt• The financ4al staton1$ ol the chaAty. vthKh ffj a putrAk bon•fit ontsty (xmjor FRS 102. hav• been prepar8d in accord8n(x wilh the charrt SORP (FRS 1021 'Accnbrj arKI Rep(xtirvJ by CharilJ'e$: ststernent of ReuxTwnwded Pracbce appli10 lo chari wpparirvJ thwr ac£ount8 accorda wllh It FInalK R8pornrvJ Stsndard appliuble in the UK arKI Republic ol Irel8TMJ {FRS 102) (effecbve l January 20191,. Fin8181 ReportsryJ St8ndard 102 The Financial RéportbrKJ siandard applitsble In th8 UK and Repubhc ol Ireland, arKI the Chariiies Acl 2011. The financial ¥t8tenwnts have been pwod uno&r Ihe hlstOfKal cost Cven. Ineoffl• All Incon1• rwni••d in th• stal0rt of FinIal Activrtim once Ihe ch•rlty has •fitstt•m•nt to th• fiM)ds. It Is wobable Ihat t incrfTh will bo rocoived arKI the anmjunt can rolla. Exp•ndltur• Liabiliknes are r•cognl8¢AJ as oxp8fKliWr• 90 thwo i• a legal oN1gal commilbrwJ ts chanty to thal oxpendllur•. 11 Is probabkn thai a traTrsfor of ocorKXT¥C benefits t uirod in $etderrt and amwnt of th• oblYtk can bo trUr0d relb. ExpefKliture ' aCCnted for on an accnjals ba'S ar ha8 bo•n classffled ur•d8r headirgs that aggregale an cost r•lat8d to the cateyy. Where costs canrK)t b8 directly attnbutéd 10 pafiicular headings Ihey have been axat•d to 11118$ a basis cxmsistenl wrth Ihe use ol urC•s. T•ngFbl• flx•d ••••ts DeprecialK bs prOvd at tho folwry rn188 kn cAd8r10 wrlt• cll •ach au•1 ov•r rts oslwnated ugefyl lrfe. 81 varyirYJ raies on c£At . 20% on reduoTra balarK• 25% on cost Fixlures and fittfvngs Cornwtw equipment T•xatlon Th• chadty Is •xW from tax on ilj chfjritsble acMi88. Fund accwntlng UnrestrKi8d bè us•d In ac(xxrlanc• thwitable 0th•8 al lh• dIsLYl0n of tho Iiusteej. Re8lrlthl lund8 bo uwl fty parlKular rffitrbded wrpose8 wllhMI lh• objects of drity. Ro8th'ction8 wise wtsn Jpecthd by lh• donLY when lur¥Js aro rnffjed ts partlaAar restrKI Furttw exrAanaiion ol th• natur• •nd wrpo•e ol e•ch lurMJ is indu0 In Ihe noios to tho fiwwl StstenIs. L•a•lng commltrnmts Rentals pa urKler otwating are ¢h&r9•d to IM siatwwit ol Fina481 AthIDO8 8 swht Ilno basis over the P?d ol the 10aM. P•nslon co•t• •nd oth•r po•trtlr•m•nt b•n•ffts The chanty operale5 a delined contribul1c pensK>n s(. CcrtrlbulkA)8 pay)1o 10 tt (wlty8 pan8K act aro ¢har9ed lo thè Slal8rn8nt of Fin8nc4al Actr'vrtm in perlod io rolat•. Page 7
Rl 2.RAISING FUMO8 R•l•lry don•tlon• •nd1•9•C 31.5.24 31.5.23 3.TRUSTEE8' REMUNERATION AND BENEFITS 31.5,24 31.5.23 A Chon Tru•tM•' •xp•nM• 31.5.24 31.5.23 25 359 400 S Verow 25 759 4.STAFF COSTS Th• av•fage nM)nttty numbef c4 ffj)k)y••8 durtfVJ year was a8 31.5.24 31.5.23 F1 tsm• Part time Page 8 (wts'nu8d...
Fin 5.TANGIBLE FIXED ASSETS Fixturn• W4uipmenl COST Al 1 June 2022 and 31 W 2023 DEPRECIATION Al 31 May 2023 Chorp for yvar 54,725 322,677 2.657 23.136 400.538 Al 31 May 2024 NET BOOK VALUE Al 31 l¥W 2024 795.914 $39 Al 31 May 2023 798,988 812 270 6.DEBTORS: AMOUNTS FALUNG DUE WIThIN ONE YEAR 31.5.24 31.5.23 Trade dobto 7.CREDITORS: AIAOUNTS FALLING DUE ONE YEAR 31.5.24 31.5.23 Bank loan8 and overorafts ¢Jher tsns {8•• noi• 9) 15,561 Trade credit Cxhor credil(XS 482 11.351 11.351 62,198 Pap9 rmtsnuod...
.MOVEMENT IN FUNDS Net ement in fur At 31.5.24 At 31.5.23 Unr••trkt•d funds 746.593 12,336 758.929 TOTAL FUNDS 746.593 los1rS oxpend•d kn fu1• UnrHtrlct•d lund• Gewral furmj TOTAL FUNDS 12,336 At 31.5.22 In I1 31.5.23 Uftrn•trlct•d fund• Genef81 lund 733.9 12.637 TOTAL FUND8 12,637 746,593 rnt in lurwjs. Induded In abov• af• as fdlowj: IfKomlng Resourc08 Movernani resourrA8 •xpend•d In fuThJ• Unr•strlcl•d lund• Gonerd 97.100 TOTAL FUNDS Page 10 conllnued...
g.RELATED PARTY DISCLOSURES Ounry the y•w payirnnts were made to R Harrfey, a Trusthe, toialirwJ £1,(3 (2023 . £5.()) $t0018n seryices. PayThenis bre 81so m8de to A Chenery. who w88 8 Trustee until 05.02.2024 and •mpby•d by IM chanty lhr(XbGhcl 01 £20232 rneral)n arma £59 brrfJ 6xpen801 mlxJrs•d IrKluded In Cre<lit4xs - amount3 due wilhin one year, Other108ns 18 an 8rrthintl08fd to the chadty £30,¢XTh) from T 8ak8r, a trustse. Ttms amouni inieresi free. ar#Y has b88n m&Je avable for PWKKI ol up five ye8rn. It Ggn be re earlw by 8weement of boih partie8 and therelDre a cur1 habikty. Thrylogn w83 m•do durir¥J ts yow orKl8d 31 May 2022. PwJ811